885 Lakeshore Road

Mississauga, ON L5E 1E2 ( Lakeview)

Quick Facts

Type: Condo Apartment

Style: Apartment

Size: Sq Ft

Age: 2025 Years

Maintenance: $ 390

Pets: Restricted

Taxes: $ 5,556 ( 2025)

Updated: 2025-10-08 20:55:27

Description

A truly unique and hard-to-find ground-level mixed-use unit in the heart of Lakeview, offering an excellent opportunity for both investors and future owner-occupiers. Located in a boutique low-rise building along Lakeshore Road, this bright, open-concept property features modern loft-style finishes and is zoned C4-29 for a wide range of commercial and live/work uses.Currently tenanted by a reliable, established commercial tenant paying market rent, this property is cash-flow ready and ideal for investors seeking short-term lease upside. The lease runs until June 30, 2026, allowing flexibility to re-lease at higher market rates upon expiry. For an end-user, the short remaining term remaining makes it ideal for owner-occupiers planning to transition into their own space, offering quick possession potential and versatility rarely found in this location.The functional layout features 10.5-foot ceilings, 2 rooms plus 2-baths, a full kitchen, and ensuite laundry. Two separate entrances provide a natural division between business and personal space, while the dedicated storefront offers excellent street exposure. A private patio and two direct parking spaces add convenience and appeal.Perfectly positioned steps from Lakefront Promenade Park and Marina, minutes from Port Credits vibrant shops and restaurants, and within easy reach of Long Branch GO Station for a quick 25-minute commute to downtown Toronto, this property is ideal for lawyers, accountants, designers, consultants, or wellness professionals looking to own their workspace rather than rent. Combining strong current income with future flexibility, it\'s a rare opportunity in one of Mississaugas most desirable lakefront communities.

Extras

Condo Apartment

Property

Status: For Sale

MLS #: W12435870

Price: $ 735,000

Address: 885 Lakeshore Road

Type: Condo Apartment

Style: Apartment

Size: Sq Ft

Age: 2025 Years

Taxes: $ 5,556

Tax Year: 2025

Maintenance: $ 390

Pets: Restricted

Neighbourhood: Lakeview

Nearest Intersection: Cawthraw and Lakeshore

City: Mississauga

Postal Code: L5E 1E2

DOM: 7 Days

Last Update: 2025-10-08 20:55:27

 

Building

Interior

Bedrooms: 2

Bathrooms: 2

Rooms: 0

Kitchens: 1

Balcony:

Exposure:

Ensuite Laundry: In-Suite Laundry

Family Room:

Fireplace:

Basement: None,

Central Vacuum: 0

 

Exterior

Exterior: Awnings,

Garage:

Parking Spaces: 2.00

Locker: None

Amenities

Visitor Parking

 

Condo

Condo Corporation: PSCP

Corporation Number: 845

 

Utilities

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Condo Taxes Included:

Building Insurance Included:

Cable TV Included:

Central A/C Included:

Common Elements Included:

Heat Included:

Hydro Included:

Parking Included:

Water Included:

 

Features

 

Rooms